Asheville vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 50% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,106/mo in Asheville — saving $4,440/year.
Rent by Unit Size
| Unit Size | Asheville | Peoria | Difference |
|---|---|---|---|
| Studio | $689 | $470 | $219 |
| 1 Bedroom | $875 | $596 | $279 |
| 2 Bedrooms | $1,106 | $736 | $370 |
| 3 Bedrooms | $1,316 | $870 | $446 |
| 4 Bedrooms | $1,577 | $1,074 | $503 |
| Median Income | $64,400 | $39,404 | $24,996 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/yr
Peoria
- Studio
- $470/mo
- 1 BR
- $596/mo
- 2 BR
- $736/mo
- 3 BR
- $870/mo
- 4 BR
- $1,074/mo
- Median Income
- $39,404/yr
Frequently Asked Questions
Is Asheville or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,106/mo in Asheville. That's $370/mo or $4,440/year more expensive in Asheville (50% higher).
What is the 2-bedroom rent in Asheville vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Asheville and Peoria?
The median household income in Asheville is $64,400/year. In Peoria it is $39,404/year. Asheville has the higher median income.
What is the studio rent in Asheville vs Peoria?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Peoria it is $470/mo.